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Published: Saturday June 28, 2014 MYT 11:31:00 AM
Updated: Saturday June 28, 2014 MYT 1:29:35 PM

New measures from Aug 1 to curb abuse of subsidised fuel

KOTA KINABALU: A slew of measures is being introduced nationwide from Aug 1 in a bid to further curb the abuse of subsidised fuel.

Domestic Trade, Cooperative and Consumerism Ministry secretary-general Datuk Seri Alias Ahmad said the ministry would now fix the amount of diesel that each petrol station could sell instead the respective petroleum companies.

He said petrol station operators will also need to submit monthly reports of their diesel and RON 95 petrol sales to the ministry.

Alias told the media here Saturday that all tanker lorries transporting subsidised fuel would be required to be painted blue with the words "Minyak Subsidi" to be emblazoned on them.

He said holders of "fleet cards" such as taxi drivers, mini- and school-bus operators will have to seek approval from the ministry for additional quota once they exhausted their respective allocated amounts of super subsidised fuel.

In addition, a 600,000-litre monthly limit has been placed on the amount of diesel that the 72 petrol stations in Sabah's east coast can sell.

Alias said the operators could seek additional allocations from the ministry if they needed it.

"All these measures are not meant to cause inconvenience but to eliminate any abuse of the Government's subsidies for these fuels that amounted to RM9.6bil last year," he added.

Tags / Keywords: Subsidised fuel, Malaysia, diesel, RON95

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